Saturday, 21 May 2016

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Raymond Omatseye jailed for 5 years over N1.5b contract scam!

Raymond Omatseye sentenced to 5 years jail time.Nigerian looters are finally starting to see the inside of a cell.The Federal High Court sitting in Lagos has sentenced a former Director-General of the Nigerian Maritime Administration Safety Agency, Raymond Temisan Omatseye, to five years in prison over a N1.5bn contract scam. Omatseye was arraigned before the court today May 20 on a 27-count charge bordering on alleged contract variation,
bid rigging and awarding contract above his approval limit while he was in office.



Omatseye is accused of approving contract above the threshold level of the agency. He was also convicted for bid rigging. Omatseye is also alleged to have warded contracts to company that was the highest bidder and not those pre-qualified for a contract.
The sentencing of Omatseye has generated a lot of talking among Nigerians who mostly feel 5 years is way too small for the gravity of his crime.We see young men getting 7 to 10 years for stealing 500,000 Naira,even less.So how could this man have gotten only 5 years for such a huge crime?








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